IMF Warns of Slower China Growth Unless Beijing Speeds Up Reforms

China's GDP Could Fall to 3.5% by 2020, IMF Says

BEIJING—The International Monetary Fund warned that China's growth rate could plummet in the coming years unless Beijing speeds up the pace of its economic reforms.

In its annual review of China's economic prospects released Wednesday, the IMF forecast that China's economy will slow to 7.1% growth in 2015, from a projected 7.4% this year and continue to slow further later in the decade. It said the forecast is based on the assumption...